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  • Exam Number/Code : CFE-Financial-Transactions-and-Fraud-Schemes
  • Exam Name : Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam
  • Questions and Answers : 260 Q&As
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NEW QUESTION: 1
Which of the following would be of GREATEST importance to the security manager in determining whether to accept residual risk?
A. Annualized loss expectancy (ALE)
B. Acceptable level of potential business impacts
C. Historical cost of the asset
D. Cost versus benefit of additional mitigating controls
Answer: D
Explanation:
The security manager would be most concerned with whether residual risk would be reduced by a greater amount than the cost of adding additional controls. The other choices, although relevant, would not be as important.

NEW QUESTION: 2
An Android mobile device will easily synchronize with which of the following services? (Select TWO)
A. Passwords
B. Calendar
C. Email
D. Incoming calls
E. SMS
Answer: B,C

NEW QUESTION: 3
The Poplar Company and a Blue Cross/Blue Shield organization have contracted to provide a typical fully funded health plan for Poplar's employees. One true statement about this health plan for Poplar's employees is that
A. The Blue Cross/Blue Shield organization, upon acceptance of a premium, becomes the group plan sponsor for Poplar's health plan
B. The Blue Cross/Blue Shield organization, upon acceptance of a premium, bears the entire financial risk of paying for the administrative expenses associated with health plan operations
C. Poplar and the Blue Cross/Blue Shield organization share the financial risk of paying for claims under Poplar's health plan
D. Poplar bears the entire financial risk if, during a given period, the dollar amount of services rendered to Poplar plan members exceeds the dollar amount of premiums collected for this health plan
Answer: B

 

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